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HBO’s ‘The Last of Us’ is a video game adaptation that’s actually good | Lauren Forristal | 2,023 | 1 | 13 | This weekend, HBO and HBO Max will premiere the first episode of “ ” a post-apocalyptic thriller based on the popular video game. On Sunday, January 15, it will debut on HBO at 9:00 p.m. ET and stream in 4K on HBO Max. The series will have nine episodes in total and follows the plot of the 2013 game where a fungus outb... |
What’s going on in the Dutch startup scene? | Haje Jan Kamps | 2,023 | 1 | 27 | very intriguing about members of a royal family working to further the startup scene for a particular country. In a magnificently frank conversation, I spoke with HRH Prince Constantijn, fourth in line to the throne of the Netherlands, at CES earlier this month. We discussed the Dutch ecosystem, the role of government... |
HBO’s ‘The Last of Us’ gets a warm welcome with 4.7M US viewers | Lauren Forristal | 2,023 | 1 | 17 | “ ” made its debut last night on HBO and HBO Max. The series premiere garnered 4.7 million U.S. viewers, making it HBO’s second-largest debut since “Boardwalk Empire” premiered over a decade ago with 4.81 million viewers, the company today. “House of the Dragon” remains with nearly 10 million viewers. The video gam... |
Twitter co-founder Biz Stone joins board of audiovisual startup Chroma | Sarah Perez | 2,023 | 1 | 27 | , a startup working to build a new type of audiovisual entertainment specifically for mobile devices, is now adding a Twitter co-founder to its board. The company announced today that Twitter and Medium co-founder Biz Stone, previously an angel investor in Chroma alongside Pinterest’s founders, will join the company’s ... |
Starling Medical’s new urine-testing device turns your toilet into a health tracker | Christine Hall | 2,023 | 1 | 27 | If you enjoy some good toilet technology, then I think “urine” for a treat. is poised to launch its at-home urine diagnostic patient-monitoring platform, dubbed “StarStream,” that doesn’t rely on the traditional catching containers or dipsticks. Now, if you’re thinking this technology sounds familiar, you would be co... |
Pitch Deck Teardown: Orange’s $2.5M seed deck | Haje Jan Kamps | 2,023 | 1 | 26 | , I wrote a story about and how it is taking a different approach to putting chargers everywhere. Instead of a few high-speed chargers, it makes it easy for multifamily dwellings (think apartment buildings) to put charger sockets everywhere there might be EVs, taking care of billing and such to turn electric sockets ... |
Chrome for Android now lets you lock your incognito session | Ivan Mehta | 2,023 | 1 | 26 | Chrome is rolling out an update for Android users that lets them lock their incognito sessions with a password code or biometric info when they exit the app. The feature has been available for iOS users for some time, but now it’s being made available to folks using Chrome on Android. Users can activate this feature by... |
How African startups raised venture capital in 2022 | Tage Kene-Okafor | 2,023 | 1 | 27 | null |
When it comes to large language models, should you build or buy? | Tanmay Chopra | 2,023 | 1 | 25 | only be described as an “AI summer,” especially with large language models making an explosive entrance. We saw huge neural networks trained on a massive corpora of data that can accomplish exceedingly impressive tasks, none more famous than OpenAI’s GPT-3 and its newer, hyped offspring, ChatGPT. Companies of all shap... |
Teach yourself growth marketing: How to perform growth experimentation through A/B testing | Jonathan Martinez | 2,023 | 1 | 26 | can be no business. So how do you drive new customers to your startup and keep existing customers engaged? The answer is simple: Growth marketing. As a growth marketer who has honed this craft for the past decade, I’ve been exposed to countless courses, and I can confidently attest that doing the work is the best way ... |
HBO Max’s ad-free monthly subscription is increasing by $1 | Aisha Malik | 2,023 | 1 | 12 | HBO Max is raising the price of its ad-free monthly subscription in the U.S. from $14.99 to $15.99 plus applicable taxes, effective immediately for new subscribers. The change marks the first time that HBO Max has increased the price of its service since launching in May 2020. “Existing subscribers who are currently pa... |
Inscribe bags $25M to fight financial fraud with AI | Kyle Wiggers | 2,023 | 1 | 26 | Conor Burke spent much of his career in the back office of a big bank in Ireland. His team was tasked with digitizing the onboarding process — particularly document-heavy manual review workflows — that were costing the bank millions of dollars every year and not catching fraud. According to him, the biggest challenge w... |
Match restructures executive leadership, hires former Snap VP of Product as new CTO | Aisha Malik | 2,023 | 1 | 26 | Match Group, the parent company of several popular dating apps, including Tinder and Hinge, has announced a revamped executive leadership team. Most notably, the company is bringing on former Vice President of Product at Snap Will Wu as its new chief technology officer in a newly created role. Wu will oversee product i... |
4 practical steps for using no-code to evolve your prototype to an MVP | Katherine Kostereva | 2,023 | 1 | 27 | of “doing more with less” is particularly critical advice for both startups and enterprises right now. Venture funding has hit its lowest point in two years, which means startups must now focus on making hard decisions about how to utilize their limited budgets. Enterprises are likewise tightening their belts as custo... |
Some investors are (cautiously) implementing ChatGPT in their workflows | Natasha Mascarenhas | 2,023 | 1 | 10 | artificial intelligence tool that achieved virality with its savvy messaging ability, has certainly struck a chord. The tool, made available to the general public just last month, is smart enough to answer serious and silly questions about profound topics, which has landed it in debates led by writers, educators, arti... |
Apple Maps teams up with parking app SpotHero to give users access to 8K parking options | Lauren Forristal | 2,023 | 1 | 9 | Apple Maps launched a new parking feature that provides users with parking options and availability near a specific destination. In partnership with the digital parking reservation platform, , Apple Maps users across the U.S. and Canada can now get parking information for over 8,000 locations. To use the new feature, ... |
Orange you glad this company is making it easier to get EV charging in your building | Haje Jan Kamps | 2,023 | 1 | 24 | One of the biggest bottlenecks in the EV rollout is charging infrastructure. There’s no shortage of companies taking a stab at it, but believes it has a smarter approach. Working within the typical constraints of multifamily dwellings (think apartment buildings, etc.), the company makes it super easy for building man... |
Teach yourself growth marketing: How to launch a paid acquisition channel | Jonathan Martinez | 2,023 | 1 | 12 | can be no business. So how can you drive new customers to your startup or keep existing ones engaged? The answer is simple: Growth marketing. As a growth marketer who has honed this craft for the past decade, I’ve been exposed to countless courses, and I can confidently attest that working is the best way to learn. I ... |
Teach yourself growth marketing: How to boot up an email marketing campaign | Jonathan Martinez | 2,023 | 1 | 19 | can be no business. So how can you drive new customers to your startup or keep existing ones engaged? The answer is simple: Growth marketing. As a growth marketer who has honed this craft for the past decade, I’ve been exposed to countless courses, and I can confidently attest that doing the work is the best way to le... |
Daily Crunch: Berlin-based design platform Kittl raises $11.6M Series A to take on Adobe and Canva | Christine Hall | 2,023 | 1 | 26 | Did you know you can buy 3D printed key caps to replace, say, your escape key with a cat? Today, that’s our delightful little morsel of whimsy, courtesy of ’s (scroll all the way to the bottom for a photo of the adorable little kitteh). — and Fintech startup Stripe has set a , either through a direct listing or ... |
Teach yourself growth marketing: How to set up a landing page | Jonathan Martinez | 2,023 | 1 | 5 | can be no business. So how can you drive new customers to your startup or keep existing ones engaged? The answer is simple: Growth marketing. As a growth marketer who has honed this craft for the past decade, I’ve been exposed to countless courses and I can confidently attest that working is the best way to learn. I a... |
As it shifts focus from DIY computer kits, Kano spins out its creative software suite as a standalone business | Paul Sawers | 2,023 | 1 | 12 | (“Kano”), the company for its DIY computer kits and software for and skills to kids, is spinning out its creative software suite and online community platform as an independent business. The move comes as the U.K. company has been shifting its focus away from its build-your-own PC roots in pursuit of profitabi... |
Substack introduces ‘private Substacks’ that readers can request to subscribe to | Aisha Malik | 2,023 | 1 | 26 | Newsletter platform Substack today that it’s introducing several new features, including private Substacks. A private Substack is a publication that you can host alone or readers can request to subscribe to read your posts. Writers can choose to approve or decline each subscription request. In a , Substack explained... |
Dear Sophie: How do I change my L-1B to an H-1B through the lottery? | Sophie Alcorn | 2,023 | 1 | 25 | of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says , a Silicon Valley immigration attorney. “Whether you’re... |
We flush valuable nutrients down the toilet. Wasted wants to save them | Tim De Chant | 2,023 | 1 | 25 | used a toilet at some point today, and you didn’t think much of it. But if you used a port-a-potty, you probably did think about it. Maybe a lot. And it probably wasn’t pleasant. “No one likes the port-a-potty,” said Brophy Tyree, co-founder and CEO of . “It’s embedded into a really antiquated operations and servicin... |
Africa predicted to experience sustained funding slowdown in 2023 | Annie Njanja | 2,023 | 1 | 13 | the global venture funding decline in the first half of 2022 after its startups raised $3 billion, double the amount secured over a similar period the previous year. However, the VC market correction caught up with the continent in the back half of last year, when ticket sizes fell and fewer deals closed as investors ... |
Kenya’s growth was strongest in Africa’s VC market; clean tech, e-commerce pulled in most of the funding | Annie Njanja | 2,023 | 1 | 26 | As VC activity slowed down globally last year, Kenya defied odds to record the strongest growth in funding raised in Africa. Reports show that the deal count and value to the country surpassed 2021 figures owing to increased investor interest. Data from market intelligence firm , and shows Kenya raised $1.1 billion,... |
Google says India antitrust order poses threat to national security | Manish Singh | 2,023 | 1 | 13 | Google warned on Friday that if the Indian antitrust watchdog’s is allowed to progress it would result in devices getting expensive in the South Asian market and lead to proliferation of unchecked apps that will pose threats for individual and national security, escalating its concerns over the future of Android in t... |
Why international DFIs are looking to African startups to scale impact investing efforts | Annie Njanja | 2,023 | 1 | 20 | dries up across the world, development finance institutions (DFIs) are looking to African startups to deploy their dry powder. British International Investment (BII), a DFI from the U.K., told TechCrunch recently that it will deploy $500 million into startups by the end of 2026, and half of that amount has been earmar... |
Microsoft joined the layoff parade. Did it really have to? | Ron Miller | 2,023 | 1 | 20 | this week that it was , it wasn’t exactly a shock. Other big companies, including , and have already been down that road, and the before on Wednesday. joined in today, announcing another 12,000 job cuts. Like these other companies, Microsoft is facing a shifting economic landscape and making adjustments to... |
Crypto job hunters should build personal brands and be ‘obsessed with web3’ | Jacquelyn Melinek | 2,023 | 1 | 26 | Welcome back to This month was filled with announcements from major crypto firms that were laying off employees. Of course, this “trend” is not limited to this industry — there’s a broader resizing of tech workforces: Salesforce, Amazon, Meta, Alphabet and Microsoft have all in recent weeks. So, this week I wrote two... |
HBO’s ‘Succession’ Season 4 premieres on March 26 | Lauren Forristal | 2,023 | 1 | 26 | Today, HBO announced that the fourth season of the Emmy-winning drama series “Succession” will premiere on Sunday, March 26. It will debut at 9 p.m. ET on HBO and will stream on HBO Max. “Succession” focuses on the Roy family and their media empire, Waystar Royco. Throughout the show, Logan Roy (played by Brian Cox), f... |
Injective launches $150M ecosystem fund to accelerate interoperable infra and DeFi adoption | Jacquelyn Melinek | 2,023 | 1 | 25 | , a layer-1 blockchain focused on building financial applications, has launched a $150 million fund ecosystem initiative, the platform’s CEO and co-founder, Eric Chen, told TechCrunch. “We’ve seen a lot of ecosystem funds in the past do various things, but there isn’t really an established ecosystem fund for Injective ... |
QuickNode raises $60M at $800M valuation to become the ‘AWS or Azure of blockchain’ | Jacquelyn Melinek | 2,023 | 1 | 24 | QuickNode, a blockchain deployment platform, has raised $60 million in a Series B round for an $800 million valuation, the company’s CEO and co-founder, Alex Nabutovsky, told TechCrunch. The round was led by 10T Holdings, with participation from Tiger Global, Seven Seven Six Ventures and QED Investors, among others. Th... |
Coinbase and others back ex-FTX US president’s crypto trading infra startup Architect | Jacquelyn Melinek | 2,023 | 1 | 20 | It has been nearly four months since Brett Harrison as president of FTX US, the American division of the . Now, he has raised $5 million for his own startup, , which aims to make trading infrastructure for large crypto investors. “It’s a software company aiming to build institutional-grade infrastructure to connect... |
Renaissance Fusion raises $16.4 million to build nuclear fusion technology in Europe | Romain Dillet | 2,023 | 1 | 26 | Meet , a Grenoble-based startup that has been working on nuclear fusion for the past couple of years. The company recently raised $16.4 million (€15 million) in funding in a seed round led by Lowercarbon Capital. Several European investors also participated in the round, such as HCVC, Positron Ventures and Norrsken VC... |
This startup hopes to take on Canva, raising an $11.6M Series A for its design platform | Mike Butcher | 2,023 | 1 | 26 | Despite Canva being worth in the region of $26 billion, it appears startups feel there is still plenty to be mined from this “easy-to-use design platform” arena. Admittedly, Professional Adobe tools remain fiddly for most people. Perhaps that’s why Berlin-based startup has now raised a €10.8 million ($11.6 million) S... |
Supernormal raises $10M to automatically transcribe and summarize meetings | Kyle Wiggers | 2,023 | 1 | 25 | Generative AI is the tech industry’s buzzword of the moment. It’s no wonder — the VC firm Sequoia not long ago that generative AI, which comprises AI that can generate text, art and more from prompts, could yield trillions of dollars in economic value over the long run. Is that simply the optimistic musing of a firm ... |
2022 European edtech report: Smaller rounds and fewer deals, but more angel activity | Rhys Spence | 2,023 | 1 | 25 | days of the pandemic, money was no object in many developed markets. Governments, public sector organizations and many private companies moved heaven and earth to ensure public safety and adequate supply of core services. Quite clearly, spending reached unsustainable levels. But 2022 was the year when this “spending” ... |
Angry Miao’s AM 65 Less is both more and less keyboard than you’ll ever need | Frederic Lardinois | 2,023 | 1 | 26 | Nobody is going to accuse of making boring keyboards (or ). The company’s previous releases, the , and , are as overengineered as they are unique. When the company first started teasing its new 60% board, it almost looked too conventional to be an Angry Miao product, but keeping with tradition, there’s a twist h... |
Proptech in Review: Investors predict slower growth in 2023 | Karan Bhasin | 2,023 | 1 | 25 | a home has been part of human life for as long as civilization itself. But in the past few decades, the lens through which we view real estate and property development has slowly blurred. It’s not a huge stretch to say that today, as tech increasingly permeates property development and housing, few except those operat... |
GitHub says it now has 100M active users | Paul Sawers | 2,023 | 1 | 26 | Code-hosting platform GitHub has that 100 million developers are now using the platform. The figure represents a substantial hike on the , the 28 million it claimed when five years ago and the 90 million-plus it . GitHub has come a long way since its launch , and now serves as the default hosting service for mil... |
US announces it seized Hive ransomware gang’s leak sites and decryption keys | Carly Page | 2,023 | 1 | 26 | The infrastructure behind Hive, one of , has been seized by law enforcement agencies in the United States and Europe. Hive saw its dark web portal seized as part of a coordinated law enforcement action carried out by the U.S. Department of Justice, the FBI, Secret Service and several European government agencies, just... |
Walmart readies another $2.5 billion investment in India’s e-commerce and payments | Manish Singh | 2,023 | 1 | 25 | Walmart is preparing to spend over $2.5 billion in India as the retailer doubles down on the opportunities it sees in India’s e-commerce and payments markets even as the firm contends with rising costs amid the market downturns. Walmart spent about $780 million earlier this month in taxes after PhonePe, in which the re... |
A network of knockoff apparel stores exposed 330,000 customer credit cards | Zack Whittaker | 2,023 | 1 | 25 | If you recently made a purchase from an overseas online store selling knockoff clothes and goods, there’s a chance your credit card number and personal information were exposed. Since January 6, a database containing hundreds of thousands of unencrypted credit card numbers and corresponding cardholders’ information was... |
Mirantis acquires Shipa | Frederic Lardinois | 2,023 | 1 | 26 | Container management platform , which you may remember from its OpenStack days and from in 2019, today announced that it has acquired , a startup that builds tools to help developers develop, deploy and manage cloud-native applications. Shipa previously raised a $3.75 million seed round in 2020, co-led by Engineeri... |
TikTok expands its DM settings to let users choose who can message them | Aisha Malik | 2,023 | 1 | 26 | TikTok has quietly expanded its direct messaging settings to give users a choice of who they want to receive messages from. The options are now: everyone, suggested friends, mutual followers, people you’ve sent messages to or no one. Prior to this change, only people users had identified as friends or were recommended ... |
Finn brings B2B car subscriptions to US | Rebecca Bellan | 2,023 | 1 | 26 | , the Munich-based car subscription startup, is expanding beyond individual consumer rentals in the U.S. and into long-term business rentals. Car subscriptions offer flexibility, maintenance, roadside assistance and, in many cases, delivery of the vehicle directly to your door, and all for around the same price of a le... |
European smart thermostat startup Tado raises $46.9M after IPO plans falter | Paul Sawers | 2,023 | 1 | 26 | Smart home energy startup has raised €43 million ($46.9 million) in a round of funding led by , as the company pursues plans to become profitable in 2023. The raise comes a year after the German company (“deSPAC”) via a special purpose acquisition company ( ), plans that ultimately failed to materialize after Luxe... |
Whalesync wants to simplify the process of syncing data between SaaS apps | Kyle Wiggers | 2,023 | 1 | 26 | There’s no doubt that no-code tools are transforming the way apps are made — particularly in the corporate world, where there’s often a premium placed on tech that can cut costs. According to Gartner , 70% of new business apps will use low-code/no-code technologies by 2025, and by 2024, 80% of non-IT professionals w... |
US federal agencies hacked using legitimate remote desktop tools | Carly Page | 2,023 | 1 | 26 | The U.S. government’s cybersecurity agency has warned that criminal financially motivated hackers compromised federal agencies using legitimate remote desktop software. CISA said in a joint with the National Security Agency on Wednesday that it had identified a “widespread cyber campaign involving the malicious use o... |
Upp wants to add more broccoli to the plant-protein mix using big automation | Natasha Lomas | 2,023 | 1 | 26 | What is automation good for? Harvesting more broccoli than human laborers can, according to , a Shropshire, U.K.-based agtech startup that’s using computer vision AI plus farm-sized proprietary machinery to expand crop yields. Its pitch is not only that its specialist, AI-driven harvester will make it more efficient t... |
India’s antitrust order will stall Android’s progress in the country, Google warns | Jagmeet Singh | 2,023 | 1 | 10 | Google has warned that growth in the use of Android in India may stall due to an issued by the Indian antitrust watchdog last year over the U.S. company’s domination in the country. The order, which was issued by the Competition Commission of India (CCI) in September, found that Google had abused its dominant positio... |
New Jersey and Ohio are the latest states to ban TikTok on government devices | Aisha Malik | 2,023 | 1 | 10 | New Jersey and Ohio are the latest states to ban TikTok on government-owned devices over national security concerns. The two have joined at least 20 other states in doing so. The move comes amid fears that collected data could allow the Chinese government to spy on Americans. New Jersey Governor Phil Murphy on Monday... |
Hawk AI, an anti-money laundering and fraud prevention platform for banks, raises $17M | Paul Sawers | 2,023 | 1 | 26 | , a German company developing anti-money laundering (AML) and tangential fraud prevention smarts for financial institutions, has raised $17 million in a Series B round of funding. Prior to now, Hawk AI had , and with a fresh $17 million in the bank, the company said that it plans to bolster its product development and... |
Twitter is now accepting Community Notes contributions from four more countries | Ivan Mehta | 2,023 | 1 | 22 | Twitter’s crowd-sourced fact-checking program, Community Notes, is now open to contributors in the U.K., Ireland, Australia and New Zealand. Twitter said over the weekend that it was expanding the contributor base by 10% per week by onboarding new individuals to the program. The social media company has also promised t... |
Coinbase to cut 20% jobs, abandon ‘several’ projects to weather downturns in crypto market | Manish Singh | 2,023 | 1 | 10 | Coinbase plans to cut 950 jobs, or about 20% of its workforce, and shut down “several” projects as the U.S. crypto exchange giant looks to reduce its expenses to increase its “chances of doing well in every scenario.” This is the , which eliminated 18% of its workforce, or nearly 1,100 jobs last June, but there was “n... |
Ethereum’s shift to proof-of-stake draws increasing institutional interest | Jacquelyn Melinek | 2,023 | 1 | 18 | proof-of-work (PoW) to proof-of-stake (PoS) in September 2022 increased interest in staking across a number of parties — including institutions. The propelled Ethereum from “a smart contract platform lagging behind” into “something that was doing things right,” Diogo Mónica, co-founder and president of Anchorage Dig... |
Solana co-founder sees potential for devs to lead its network in 2023 | Jacquelyn Melinek | 2,023 | 1 | 18 | As the crypto , major ecosystems outside of the top two cryptocurrencies — Bitcoin and Ethereum — are growing, according to a new report. About 72% of monthly active developers (devs) are working on blockchains that are not part of the Bitcoin and Ethereum networks, according to the , which trawled code commits acros... |
Amazon launches freight service Air in India | Manish Singh | 2,023 | 1 | 22 | Amazon has launched Amazon Air, its dedicated air cargo fleet, in India as the e-commerce giant bulks up its logistics infrastructure in the key overseas market where it has deployed more than $6.5 billion. The retailer has partnered with the Bengaluru-based cargo airline Quikjet to launch its maiden air freight servic... |
App Store developers have earned $320 billion to date, says Apple | Sarah Perez | 2,023 | 1 | 10 | Apple today on its subscription businesses and global App Store, noting that the tech company has now paid out a record $320 billion to app developers since 2008 — a number that reflects the revenue apps have generated, minus Apple’s commission. In addition, the tech giant said it now has more than 900 million paid s... |
Mushroom protein company Meati Foods opens ‘mega’ facility; closes $22M in new funding | Christine Hall | 2,023 | 1 | 26 | is closer to full-scale production of its whole-food protein made from the structural fibers of mushrooms, known as mycelium. The company announced Thursday the opening of its production facility, dubbed “Mega Ranch,” in Colorado. The 100,000-square-foot facility was financed in part by a of capital raised last year... |
European banks struggle with AI, while US banks lead the field, according to a new index | Mike Butcher | 2,023 | 1 | 26 | In the wake of a seminal wave of new artificial intelligence startups such as OpenAI, a new U.K. company claims it can track and rank banks on their ability to develop and deploy AI platforms. , a benchmarking and intelligence company, says its inaugural Index can rank the 23 largest banks in North America and Europe o... |
Solana price spikes as newly launched dog coin BONK gains community hype | Jacquelyn Melinek | 2,023 | 1 | 3 | Last week, Solana ( ) fell to its lowest level since February 2021. But its price has risen over 12% in the past 24 hours on Tuesday after almost nine days of consecutive losses that brought its price to around $8 on Friday. Amid Solana’s movement, the two largest cryptocurrencies by market cap — — both shifted less t... |
No Meat Factory eats up new capital to build bigger protein production plant in US | Christine Hall | 2,023 | 1 | 12 | Scalable production of alternative proteins continues to be a big challenge for companies in this sector, and wants to help with that. The Canada-based company, which produces alternative proteins for third-party customers, took in $42 million in new Series B capital to build a bigger manufacturing facility in the U.... |
Project Eaden’s fiber technology poised to spin threads into whole cuts of ‘meat’ | Christine Hall | 2,023 | 1 | 11 | , a Berlin-based food technology company, believes it has cracked the code for producing whole cuts of plant-based meat alternatives using a proprietary . Investors think so too, adding €2.1 million (about $2.3 million) of additional funding to a previous seed round so that Project Eaden can continue development and a... |
Women-founded startups raised 1.9% of all VC funds in 2022, a drop from 2021 | Dominic-Madori Davis | 2,023 | 1 | 18 | startups with all-women teams received 1.9% (or around $4.5 billion) out of around the $238.3 billion in venture capital allocated, according to the latest PitchBook data. That percentage is from the 2.4% all-women teams raised in 2021. The decline was expected, given the economic climate of last year: the bear, the... |
Losing the horn: VCs think majority of unicorns aren’t worth $1 billion anymore | Rebecca Szkutak | 2,023 | 1 | 18 | years have been a rollercoaster for the startup world’s herd of unicorns. Two years ago, we saw a of companies cross the $1 billion valuation milestone. But that to a trickle last year, and this year’s market conditions look likely to reverse course to a point that we may witness some of those companies losing tha... |
Danish startup Kanpla wants to help canteens cut food waste | Paul Sawers | 2,023 | 1 | 26 | As much as of all food produced each year goes nowhere near a human mouth, resulting in economic, environmental and social costs of an estimated . While there are a multitude of social, cultural and even technological reasons for these staggering statistics, we’ve seen a slew of startups emerge with propositions on ... |
A peek into the future as Sam Altman sees it | Connie Loizos | 2,023 | 1 | 16 | Late last week, in a rare sit-down before a , this editor spent an hour with Sam Altman, the former president of Y Combinator and, since 2019, the CEO of , the company he famously co-founded with Elon Musk and numerous others in 2015 to develop artificial intelligence for the “benefit of humanity.” The crowd wanted t... |
Web3 developer activity spiked in Q4 2022 despite market volatility | Jacquelyn Melinek | 2,023 | 1 | 17 | still grew in the last quarter of 2022, according to a new report, despite crypto market volatility and stacks of negative headlines. Ethereum, one of the largest layer-1 (L1) blockchains in the crypto ecosystem, had a 453% increase in mainnet smart contract deployments in the fourth quarter of 2022, signaling high de... |
Clearco co-founder Michele Romanow steps down, cuts 30% of staff | Natasha Mascarenhas | 2,023 | 1 | 17 | In pursuit of profits, Clearco co-founder has stepped down as chief executive of the company around a year after assuming the official role. The shift comes alongside yet , this time impacting 30% of staff across all teams, Romanow confirms. Now, Clearco only has 140 staff, down from 500 just last year. “We don’t ev... |
A lot of fintechs ‘have to fix their business models,’ say VCs who invest in fintech | Connie Loizos | 2,023 | 1 | 18 | In recent years, working for, or banking with, a traditional financial institution was decidedly uncool. Far cooler was working for or banking with one of the many fintech startups that seemed to thumb their nose at stodgy bank brands. Then the Federal Reserve hiked interest rates, stocks tanked and a lot of fintech ou... |
The slow-burn standardization of venture capital | Natasha Mascarenhas | 2,023 | 1 | 14 | It took me a while, but I’m realizing that my startup love language is discussing any attempts to standardize the opaque and often informal world of venture capital. The clear tension is what entices me: How do you automate a process such as writing checks, which requires human buy-in and the art of trust in a way that... |
Boston Dynamics’ latest Atlas video demos a robot that can run, jump and now grab and throw | Matt Burns | 2,023 | 1 | 18 | Boston Dynamics just released the latest demo of its humanoid robot, Atlas. The robot could already run and jump over complex terrain thanks to its feet. Now, the robot has hands, per se. These rudimentary grippers give the robot new life. Suddenly, instead of being an agile pack mule, the Atlas becomes something close... |
Nest co-founder Matt Rogers’ new startup is trash | Tim De Chant | 2,023 | 1 | 17 | next 20 years of my life. This is not like, build the company in four or five years and sell to Google. This is a big, long journey.” , who co-founded Nest with Tony Fadell back in 2010, was talking about his new startup, and he thinks it’ll be big. He’s probably right, but it’s also trash, in a way. Today, Rogers, co... |
Sequoia injects $195 million into an ever-eager seed environment | Natasha Mascarenhas | 2,023 | 1 | 18 | , a storied venture capital firm, that it has launched a $195 million dedicated seed fund, its fifth. The vehicle will be used to back founders across the United States and Europe; the capital will also be used to invest in future cohorts or its program, an internal Sequoia initiative that invests between $500,000 ... |
Pitch Deck Teardown: Scrintal’s $1M seed deck | Haje Jan Kamps | 2,023 | 1 | 19 | of tools for brainstorming, collaboration and keeping all your knowledge in one place. Still, judging from the number of new tools that come to market on a regular basis, it seems that people are frustrated with the available tools. recently to build its visual collaborative knowledge base tool and shared its deck ... |
What’s next for the entrepreneur behind Layoffs.FYI | Theresa Loconsolo | 2,023 | 1 | 18 | Hello and welcome back to , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single person, think about their work and unpack the rest. This week, interviewed , an entrepreneur who’s spent the better part of a... |
Sophia Amoruso launches Trust Fund for founders | Natasha Mascarenhas | 2,023 | 1 | 19 | creator of and , has , has empowered generations of women and has — the last of which she doesn’t necessarily recommend to other founders because “it’s a distraction.” She’s also raised down rounds, run out of venture capital funding, and “I’ve seen the full gamut of what worked and what didn’t,” the entrepren... |
Shein valuation reportedly plummets by a third as it seeks $3B | Rita Liao | 2,023 | 1 | 18 | Shein, the fast fashion behemoth that has swept across the world, is raising a significant down round as the startup world . The e-commerce platform known for jaw-dropping outfit prices and savvy TikTok marketing is seeking $3 billion at a valuation of $64 billion, down from the , according to . Shein denies the acc... |
Build a company, not a feature | Haje Jan Kamps | 2,023 | 1 | 17 | are incredible idea generators and hackers; they have a knack for seeing something that’s broken or something that could be better and creating a solution around that. The problem is this: It’s rare that even very good features make good companies. It’s rarer still that companies built on a feature make for VC-investa... |
7 space tech predictions for 2023 | Mark Boggett | 2,023 | 1 | 16 | industry have recently set their sights on direct-to-mobile connectivity from space. While it’s still a very early market with limited existing capabilities, companies such as Apple, T-Mobile, Globalstar, SpaceX, AST SpaceMobile and Lynk Global are targeting this area. Multiple mobile network operators are already on ... |
Crypto.com cuts 20% jobs amid ‘significant damage’ to industry from FTX | Manish Singh | 2,023 | 1 | 12 | Crypto exchange Crypto.com is cutting its global workforce by 20%, it said on Friday, as it navigates ongoing economic headwinds and “unforeseeable” industry events. This is the second major layoff at the Singapore-headquartered Crypto.com, which cut — though a suggested that more than 2,000 people were either let ... |
Vimeo enters 2023 with a round of layoffs impacting 11% of employees | Lauren Forristal | 2,023 | 1 | 4 | rings in the new year with another round of , affecting 11% of its workforce. In an email to staff today, CEO Anjali Sud an “uncertain economic environment” as the reason for the reduction. “This was a very hard decision that impacts each of us deeply. It is also the right thing to do to enable Vimeo to be a more f... |
Fintech in 2022: A story of falling funding, fewer unicorns and insurtech M&A | Mary Ann Azevedo | 2,023 | 1 | 19 | Meanwhile, global venture funding reached $415.1 billion in 2022, marking a 35% drop from a record 2021. |
Gas, Slay, what’s next? Fire? | Natasha Mascarenhas | 2,023 | 1 | 20 | Hello and welcome back to , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week, and jumped on the mic to talk through a diverse news week. Shout-out to our producer, Theresa Loconsolo, for putting together a script, and TC’s Andrew Mendez for this fee... |
Kenyan fintech Kwara raises $3M seed extension, signs deal to reach over 4,000 credit unions | Annie Njanja | 2,023 | 1 | 16 | , a Kenyan fintech digitizing credit unions (Saccos), more than doubled its client base last year, and it’s eyeing enormous growth in the coming years after raising a $3 million seed extension and signing an exclusive digital solutions distribution agreement with the Kenya Union of Savings & Credit Cooperatives (Kuscco... |
Link raises $30M to help merchants accept direct bank payments | Kyle Wiggers | 2,023 | 1 | 19 | People are to credit cards — and it’s no wonder, given the lucrative rewards that many of them offer. But for merchants, credit cards tend to be less appealing. That’s because they’re on the hook for interchange fees, or transaction fees a merchant’s bank must pay whenever a customer uses a card to make a purchase. S... |
P2P lending platform PeopleFund raises $20M Series C extension led by Bain Capital | Kate Park | 2,023 | 1 | 17 | a South Korean marketplace that connects borrowers and investors to enable lending, has recently added $20 million to its $63.4 million . Existing backer Bain Capital led the extension, with participation from previous investors such as Access Ventures, CLSA Capital Partners Lending Ark Asia, D3 Jubilee Partners, 500... |
Despite 2022’s headwinds, women’s health startups did better than ever before | Dominic-Madori Davis | 2,023 | 1 | 24 | months since Roe vs. Wade was overturned, and the dust has barely begun to settle. Politically, voters have expressed their for a person’s right to access abortion. Grassroots campaigns continue, and technology-wise, innovation in the wider women’s health sector is . But have things improved at all for the sector? ... |
US sues Google over ‘anticompetitive, exclusionary, and unlawful’ ad tech monopoly | Darrell Etherington | 2,023 | 1 | 24 | The U.S. Department of Justice has filed suit against Google over alleged antitrust issues, claiming the search giant has monopoly control of the digital ad market. The DOJ is joined by eight states in its complaint, including New York, California, and Colorado. Together they aim to “halt Google’s anticompetitive schem... |
Dear Sophie: What are some fast options for hiring someone on an expiring grace period? | Sophie Alcorn | 2,023 | 1 | 18 | of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says , a Silicon Valley immigration attorney. “Whether you’re... |
Twitter rival ‘T2’ raises its first outside funding, $1.1M from a group of high-profile angels | Ingrid Lunden | 2,023 | 1 | 12 | It hasn’t decided on a name, it’s still on the hunt to fill some important roles and its early alpha has less than 100 users as of today. But, riding the wave of interest in the current state of Twitter, a startup hoping to disrupt it has raised $1.1 million in funding. , the project being led by Gabor Cselle, has clo... |
Qiara is a new home security service for the French market | Romain Dillet | 2,023 | 1 | 25 | If you live in France and you want to add a security system to your home, you don’t have a ton of options. You can contact a home security company like and . But you’ll end up paying expensive subscription fees with long-term contracts. You can also buy your own security camera and connected sensors. But, in that ca... |
Getsafe expands to France starting with home insurance | Romain Dillet | 2,023 | 1 | 25 | German insurtech startup is adding a fourth market with today’s product launch. In addition to Germany, Austria and the U.K., Getsafe is now going to offer insurance products in France. The company will first offer a home insurance product. Getsafe is trying to disrupt the insurance market with a focus on digital-fir... |
Welcome to the Jungle grabs $54M for its slick job platform | Romain Dillet | 2,023 | 1 | 25 | French startup has raised a new $54 million (€50 million) Series C round. The startup helps other companies recruit new employees more easily by creating sophisticated profiles packed with a ton of information. In particular, Welcome to the Jungle sends a photo and video crew to your office so that they can shoot som... |
Daily Crunch: ‘Network issue’ causes cloud outage that takes down multiple Microsoft services for 4+ hours | Christine Hall | 2,023 | 1 | 25 | Hello, Crunchers! We’re pretty excited about ’s TechCrunch Live, where he talks to . Mark your calendar for February 1! — and Injective, a layer-1 blockchain focused on building financial applications, has launched a $150 million fund ecosystem initiative, the platform’s CEO and co-founder, Eric Chen, told in h... |
Meta will restore Trump’s Facebook account ‘in the coming weeks’ | Taylor Hatmaker | 2,023 | 1 | 25 | Two years after the company formerly known as Facebook , it’s bringing him back. Meta announced its decision to restore former president Trump’s Facebook and Instagram accounts on Wednesday, adding that it would do so in “the coming weeks.” The company was on Trump’s fate. Meta’s semi-independent external policy com... |
Critical Role’s second campaign will get its own Amazon animated series | Taylor Hatmaker | 2,023 | 1 | 25 | Amazon is deepening its ties to hit actual play series , entering a multiyear deal with the growing role-playing content empire that will see any new adaptations spring up under the umbrella. The company will also bring Critical Role’s second campaign to life, showcasing the ragtag fantasy group of reluctant adven... |
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